Hover or tap on an item in the Action column to see strategic advice for the stock.

Hover or tap in the "Days" column to see the start date and price for current position.

Hover or tap in the weekly trend ("Tr") column to see the weekly reversal level.

Daily reversal levels as of the close on October 6, 2017

Name

Close

Tr

Mode

RevL (D)

MoM (D)

Days

P/L %

Action

US - S&P 500

^SPX

2549.33

47

2495.72

8.52 ▲

25

3.03%

Japan - Nikkei

^N225

20690.71

3

20135.18

8.61 ▲

17

4.11%

pP+

UK - FTSE 100

^FTSE

7522.87

0

7361.37

7.15 ▲

5

2.04%

Germany - DAX

^DAX

12955.94

3

12589.39

8.92 ▲

21

5.47%

Australia - AOI

^AORD

5777.43

17

5734.89

-0.56 ▲

0

0.00%

Buy

Brazil - BOVESPA

^BVSP

76054.72

12

73535.65

4.34 ▲

69

20.91%

20+ Y Tr. Bond ETF

TLT

123.59

0

125.91

-6.77 ▼

17

2.20%

Gold (spot)

$XAUUSD

1274.88

10

1298.15

-6.27 ▲

11

1.28%

$EURUSD

$EURUSD

1.1735

23

1.1854

-4.33 ▲

9

0.95%

Bitcoin

$BTCUSD

4330.03

103

3994.01

3.29 ▼

9

2.91%

Oil (CL)

@CL

49.29

10

50.93

0.04 ▼

0

0.00%

Sell

Wheat (ZW)

@ZW

443.50

8

450.76

-0.86 ▼

2

-0.06%

Daily reversal levels as of the close on October 6, 2017

Name

Close

Tr

Mode

RevL (D)

MoM (D)

Days

P/L %

Action

American Airlines Group

AAL

51.30

0

46.92

8.21 ▲

10

9.20%

Apple Inc.

AAPL

155.30

62

156.40

-1.85 ▲

16

2.00%

Ambarella

AMBA

49.73

17

47.40

3.96 ▼

7

2.71%

Amazon.com Inc.

AMZN

989.58

79

959.53

0.73 ▲

1

1.43%

Bank of America

BAC

26.21

3

24.88

7.90 ▲

17

7.51%

pP

Biogen Inc.

BIIB

327.48

15

311.21

1.16 ▲

4

3.27%

Chesapeake Energy

CHK

4.20

33

4.04

2.87 ▼

16

2.44%

3D Systems Corp.

DDD

13.47

13

13.26

2.11 ▼▼

4

-4.47%

dSell

Dollar Tree, Inc.

DLTR

89.42

6

83.29

8.08 ▲

50

24.33%

pP+

Facebook, Inc.

FB

172.23

38

167.98

0.46 ▲

5

0.49%

FireEye, Inc.

FEYE

17.98

4

16.26

6.70 ▲

26

22.06%

Fitbit Inc.

FIT

6.51

3

6.37

1.63 ▼

30

14.21%

Frontline Ltd.

FRO

5.81

91

5.78

4.20 ▼

21

3.20%

First Solar, Inc.

FSLR

48.21

22

48.37

-0.84 ▲

9

-2.31%

Gold Miners ETF

GDX

23.59

8

23.78

-3.21 ▲

14

0.72%

Gilead Sciences Inc.

GILD

82.14

15

80.76

0.32 ▼

31

11.29%

Alphabet Inc.

GOOGL

993.64

43

949.49

6.78 ▲

7

3.91%

Herbalife Ltd.

HLF

75.25

5

67.45

2.22 ▲

0

0.00%

Buy

Interactive Brokers Group

IBKR

47.45

17

43.80

9.41 ▲

88

32.32%

pP+

IMAX Corp.

IMAX

22.50

23

21.04

3.22 ▼

24

15.39%

Netflix, Inc.

NFLX

198.02

55

178.20

3.15 ▲

26

12.86%

NiSource Inc.

NI

25.72

32

26.21

-5.35 ▲

14

3.24%

Opko Health

OPK

7.00

0

6.51

6.21 ▼

12

10.41%

Paypal

PYPL

66.05

64

62.35

4.38 ▲

121

52.89%

Transocean Ltd.

RIG

10.31

1

9.30

7.24 ▼

27

25.73%

Rockwell Automation

ROK

182.31

83

174.23

8.28 ▲

25

10.70%

Starbucks

SBUX

55.17

14

54.12

-1.36 ▲

0

0.00%

Buy

Shopify Inc.

SHOP

97.92

81

114.28

-5.56 ▼

2

-0.40%

Senior Housing Prop.

SNH

19.38

13

19.72

-1.43 ▲

11

1.47%

Tesla Motors, Inc.

TSLA

356.88

41

358.23

-2.16 ▲

10

-1.06%

Note: This is a live demo portfolio to show how reversal levels work for different types of stocks, not a recommendation to invest in any of those companies.

The daily reversal levels for more than 2700 stocks and etf are available by monthly subscription.Comes with full instructions and strategies for using the reversal levels and the MoM indicator in your own trading. Give it a try.

Weekly reversal levels for October 7, 2017.

Quick start instructions and settings.&nbsp

Click on the grey buttons to go to the table of your choice.

You can click on the table headers to sort them in various ways. Clicking a header a second time will reverse the sorting order.

Enter your favourite tickers, separated by commas, in the "Settings" textarea and then click on the "My Tickers" button. This will generate a reversal levels table with your personal watchlist. Your tickers will be kept in local storage, so you have to enter them only once.

To find individual stocks just start typing in the "Search" boxes above the tables. The first letters of a name or ticker are usually enough to bring up the stock you are looking for. This is most useful in the "All in One" table. Typing "buy" (or "sell") will show you all stocks giving buy (sell) signals.

Hovering or tapping on an item in the Action column will display the strategy description for the given stock.

Hovering or tapping on a reversal level will display the "QuickTarget" for a given stock.

Hovering or tapping on the "Weeks" column will display the starting date and price of the current position in the given stock.

Hovering or tapping on a stock ticker in the second column will open a small chart for the given stock.

Further details and strategies for use can be found at the end of this page. There is also a little FAQ.

Quick start info.

Weekly reversal levels can be used for market orientation and long term investing. The color codes indicate the current Trend:
* Green: bullish trend with upward momentum (MoM). Stock is above its reversal level and climbing higher.
* Pale Green: weak bullish trend with downward momentum (MoM). Stock remains above its reversal level, but is starting to pull back. Consolidation or start of a correction.
* Red: bearish trend with downward momentum (MoM). Stock is below its reversal level and moving lower.
* Pink: weak bearish trend with upward momentum (MoM). Stock remains below its reversal level, but is trying to bounce back. Sideways range or start of a rebound.

The "Action" column gives guidance for trading whenever there is a special situation:
* Buy => Trend turns bullish. Buy at next Open or put in a limit order to buy on weakness.
* Sell => Trend turns bearish. Sell at next Open.
* Weak Buy (wBuy) => Trend turns bullish, but MoM still points down. Weak Buy signal. Buy at next Open or put in a limit order to buy on weakness.
* Speculative Buy (spBuy) => Good potential for a medium term rebound. Can be used with QuickTarget.
* Speculative Buy+ (spBuy+) => Very good potential for a medium term rebound. Can be used with QuickTarget.
* Partial profits (pP) => Good chance to take some money off the table. Can also be used for shorting with QuickTarget.
* Add => Bullish continuation. Can add to long positions if you took partial profits earlier on.
* Add short (AddSh) => Bearish continuation. Can be used to add to short positions.
* Divergence Buy (dBuy) => Bullish divergence. MoM indicates increasing upside potential. Can be used as a speculative early Buy.
* Divergence Sell (dSell) => Bearish divergence. MoM indicates increasing downside potential. Probably a failing rally. Can be used to take some profits or exit early.
* Empty => no action. Hold if trend is bullish/green. Stay out (or short) if trend is bearish/red.

Popup info:
* Hovering or tapping on the RevL column will show the QuickTarget for the given stock. This is useful for short term trades (see below).
* Hovering/tapping on the "Weeks" column will show when the latest Buy/Sell was given and at what Open price. Can be used to track or verify the "P/L%" for a stock.
* Hovering/tapping on an item in the Action column will show the strategic advice.
* Hovering/tapping on a stock ticker will display a chart (requires internet connection).

Investing approach for weekly reversal levels:

* Conservative investors can go with the normal buy and sell signals only and negate the info about speculative buys and short selling. This is a trend
following method, so we will not buy at the bottom and there will be some “give-back” at the end of a trend. The aim is to
participate in the bulk of a move with a minimum of risk. Even if you use the more advanced strategies it is recommended to keep a good portion of your portfolio in this basic strategy.

* Speculative buying opportunities (spBuy, spBuy+ and spBuy++) often allow us to pick up stocks near a major low.
You can take some profits when the stock comes close to its daily reversal level and hold the rest for a possible break out above the weekly reversal level (which makes it a normal buy ).
Note: struggling companies may never recover, so this method is best used on ETFs or on stocks of companies that are in good financial shape.

* Short selling can be done on Sell, pP, pP+ and dSell signals.
Shorting is not for everybody. If you are convinced the market (or a particular stock) is overvalued and ready for a drop, then you can use these signals to go short. Profit (or
loss) on short positions is best taken when the next regular buy signal appears. The spBuy and dBuy signals can be used as an early take profits on short positions.

The MoM indicator

The MoM indicator shows market momentum on a numeric scale between +10 and -10. It can be seen as a kind of market thermometer.
Various levels in the MoM indicator correspond to market mood as follows:
* +8 to +10: very optimistic – euphoric
* +5 to +8: optimistic
* +3 to +5 : positive
* -3 to +3: neutral
* -3 to -5: negative
* -8 to -5: pessimistic
* -10 to -8: very pessimistic – depressed

Besides the level itself, we also pay attention to the direction. Here is what to look for:
* In a healthy bullish move, the MoM indicator is normally rising together with the stock or index.
* If MoM starts inching down after a significant rally (green trend) it is an indication of a possible peak or the start of a consolidation phase. This changes the market trend to light green.
* If MoM starts inching up after a sustained slide (red trend) it is an indication of a possible bottom or the start of a sideways phase. This changes the market trend to pink.
* For a rising stock MoM is typically hovering between +3 and +10, and the trend can change between green and light green several times before a Sell signal occurs.
* For a declining stock MoM usually fluctuates between -3 and -10, and the trend can switch between red and pink several times before a Buy signal is generated.
* Ordinary pullbacks generally end with MoM bottoming out in the neutral zone ( -3 to +3) before turning back up.
* Bear market rallies often end with MoM peaking out in the neutral zone ( -3 to +3) before turning back down.
* Major peaks often occur with MoM reaching the high +8 zone. When this happens there is an increasing risk for a sudden pullback or the start of a sideways pause.
* Major lows are often marked by MoM dropping into the -8 zone. We can get ready to buy when this happens, but not rarely we will see a second lower low with bullish divergence. So, don't rush in and try to buy on a down day.

QuickTarget

The QuickTarget for a stock can be seen by hovering/tapping on the RevL. It is useful for short term trading and works best with the spBuy+ and spBuy++ signals (or with pP+ for shorting).
You will need to customize your "QuickTarget multiplier" in the settings at the beginning of this page (just below your tickers list). The value will be kept in local storage, so you have to do this only once.
The default is 0.2, but you better chose a different value to make your Sell(Buy) limit orders slightly different from other reversal levels traders. There is a fairly wide sweet spot of values that will work well. Lower values will make for shorter holding periods and smaller profits, but also a higher win% because the target is easier to reach. Here is how to chose your multiplier:
* Use 0.10 - 0.35 if you are going to update your take profit limit orders every week. Your typical holding period will be 1 - 5 weeks. If the trade has not reached a QuickTarget after 5 weeks I usually close it regardless of profit or loss.
* Use 0.3 - 0.6 if you prefer to set your take profit limit orders after you open a trade and then leave it until trade closes. Your typical holding period will be 1 - 8 weeks. Get out if the target was not reached after a few months, there are some losses to cut and if a trade doesn't work it is better to move on to the next opportunity.
* Use 0.6 - 0.9 if you are using the spBuy signals for longer term bottom fishing. Once a stock rebounds from major lows it will try to climb to its RevL but not necessarily get above it anytime soon. You can take some partial profit as your QuickTarget gets reached and hold the rest for a longer term trade. This is for more patient investors who like to "catch falling knives".

Once your multiplier is set according to your preferences you can use it to see if a spBuy signal is worth taking. If the QuickTarget is less than 1% above the current price then there is not much in the trade because brokerage fees would eat most of it. If the QuickTarget is more than 2% above current price then it gets more interesting. More on this in the strategy articles in the subscriber pages.
Note: if you change your QuickTarget multiplier you will need to reload the page for the changes to take effect.

Frequently Asked Questions

Q: I prefer swing trading and your weekly signals seem to be rather slow. Do you have something faster too?
A: Sure. We also publish daily reversal levels, which are tailored for swing trading. See: Reversallevels.com. For a monthly subscription go to https://gum.co/JDpA.

Q: Where can I find more information about the reversal levels and MoM indicator?
A: We regularly post new info and articles here: Reversallevels.com.

Q: I am a fundamental investor, can I do anything with these reversal levels?
A: Better timing never hurts, even for a long term buy and hold investor. For example if fundamental analysis tells us that company XYZ offers great value, then we can still wait until the reversal levels give a buy signal or speculative buy signal to get in. Just try and see whether it improves your results.

Q: Your predictions for last week didn't work very well. But your table always shows a lot of blue (profits). Why should I believe this?
A: The reversal levels are not a prediction, they are an approach to trading. It will naturally take more than one week to see if a method is good or not. You can easily verify the "P/L %" numbers in the tables. Just take the Open price on the Monday after the buy (sell) signal was given and calculate the change to date. It should match the values in the table. If that is not the case, feel welcome to contact us with your enquiry.

Q: A stock I own is already trading below its reversal level, so it will probably turn to bearish trend this week. Do I need to wait for the next Monday's Open to sell this stock?
A: If going into the close on Friday we see that one of our stocks is almost certain to close below the weekly reversal level then we can already sell it with a MOC (market on close) order. Sometimes this will give a slightly better exit than waiting for next Monday's open.

Q: My favorite stock jumped 20% last week and is now given a buy signal. Is it not too late to buy?
A: It depends. Whenever a buy signal appears it is good to check how far the stock is above its reversal level already. That gives us an estimate of how much risk we take in this trade, because the stock will be sold if it closes back below the reversal level. If a stock jumps 20% on good news it may still be a good buy, but it is not giving us a very good entry point at that moment. In that case I avoid the trade or wait until the price comes
back down to the reversal level to pick it up. So, that's where we can always use some discretion.

Q: Do I need to take all sell signals for stocks I own? What if I am sure my stock will recover soon?
A: If you intend to use the reversal levels properly, then the answer is: yes, always sell when a stock has closed below its reversal level. On average it is better to take the profit (or loss) and move on to the next chance. True, sometimes a stock will come right back after giving a sell signal, but many more times that doesn't happen and the stock just keeps sinking for some reason. Several weeks later and some 20% lower we then discover the real reason for that drop.
This is a discipline thing. And if the stock happens to come right back then it will climb back above its reversal level and give us another buy signal. We can then just buy it right back. What we try to do is get in on some big trending moves. We will take small losses on the trades that do not work, and that's the price we pay to get in on the big profitable moves.

Q: Shouldn't we buy more when a stock we own is down? Why not reduce our average cost basis?
A: With this method we do not add to losing positions. Only with the speculative buy signals we can decide in advance to buy in 2 or 3 tranches, because we can have several speculative buy signals before a stock finally gets into bullish Trend. A good strategy is to buy a half position on a speculative buy signal and then buy another half postion on the next regular Buy signal. That gives us a full position and from then on we trade it normally. The "Add" signals you see in the tables are always at subsequently higher prices, which is a "doubling up" strategy (anti-Martingale). So, with reversal levels we do not double down on losers, we just sell them and wait for the next buy signal. This has the advantage that we don't end up with overly big positions in poorly performing stocks that may keep going nowhere for weeks or months.

Q: How many winners can I expect with this method?
A: Using the regular Buy and Sell signals you can expect about 37% winners, and up to 40% if you avoid distressed companies. That may not sound like much. But with this method the average win is much bigger than the average loss, because losses are cut quickly and winners are allowed to run. The tables show what this method does for thousands of stocks. There are always plenty of stocks that show 20%, 50% and even 100% profits (see "P/L %") on their currently active trade, while losses (shown in orange) are usually small. Cutting losses quickly is a feature of nearly all good investing approaches.

Q: What can I expect from using the QuickTarget for shorter term trading?
A: Some people do not have patience to wait months for big gainers and want more frequent action. Using the spBuy+ and spBuy++ with QuickTarget will suit them. You can achieve up to 70% winning trades if you get out of non-performing stocks after 4 or 5 weeks. The strategy article in our subscribers pages explains how to do this.

Q: If a stock crashes 50% and falls below the reversal level then it will give a Sell signal at the end of this week. But, that doesn't help me today and I do not want to suffer the risk of such big losses. What can I do?
A: A large adverse move overnight can never be ruled out. A well diversified portfolio of quality stocks will offer some protection. If it helps your sleep, use a disaster stop-loss, which I would put 10 or 20% below the reversal level. That will sometimes get you out of a crashing stock before the losses get even bigger. There is no such thing as investing without the risk for losses. But we can control the risks.

Daily reversal levels for more than 2700 stocks and etf are available by monthly subscription.Comes with full instructions and strategies for using the reversal levels and the MoM indicator. Give it a try.

Disclaimer
Investing in stocks, forex or commodities is risky. No guarantee can be given that the opinions or predictions given on this site will be correct.
ReversalLevels.com cannot in any way be responsible for eventual losses you may incur if you trade based on the information given on this site.
Hypothetical or simulated performance results have certain inherent limitations.
Unlike an actual performance record, simulated results do not represent actual trading.
Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity.
Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight.
No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
The information on this site should not be considered as a recommendation to engage in the purchase and/or sale of any stock, futures contract and/or options.
You should be aware of all the risks associated with trading, and seek the advice from your own independent financial advisor before you make any investment decisions.
Trade at your own risk and responsibility.